Announcement tonight about the biggest ever resources deal...

Announcement tonight about the biggest ever resources deal signed by Australia - the $50 billion Gorgon gas project is going to be developed by Exxon and Petro China. I've never looked into PPP's Maitland lease in much detail - but it looks like Gorgon is right next door to Maitland - is this correct? If so what are the implications of the development of this gas field for PPP?


Article here:

http://business.smh.com.au/business/australia-signs-biggest-ever-resource-deal-with-china-20090818-ep2f.html

excerpt:
Australia signs biggest ever resource deal with ChinaAugust 19, 2009 - 8:53PM .
Australia has secured its biggest ever resources deal by signing a $50 billion agreement to supply liquefied natural gas to China.

The gas will come from the Gorgon development off the West Australian coast and comes a week after a $25 billion deal to supply gas to India, also from Gorgon.